Category: Books and the Arts

  • A Christmas Bedtime Story for Economists

    The Christmas season is packed with all kinds of lessons. With that in mind, it is worth pointing out that Santa is no slouch when it comes to economics. Santa, alone among holiday figures, has learned to apply the economic concept of comparative advantage to one of his most important…

  • On Spitting Images & Other Expectoration

    After years of contentious debate, the Rocky Mount city council has decided not to spent $45,000 on a statue of Martin Luther King, Jr. The episode reveals why coercive funding of the arts is problematic.

  • On the Dangers of Social ‘Science’

    Frank Meyer, National Review senior editor and proponent of “fusing” libertarian and traditionalist strains into modern conservatism, also had something provocative to say about the very possibility of social science.

  • The Magic of Private Goods

    What do the new Harry Potter movie and fireworks displays have in common? Each has its 'magical' component. Yet, objections to screening Harry Potter films in publicly-subsidized theaters like Raleigh's IMAX at Exploris are entirely justified. These commercial films should not qualify for taxpayer-subsidized presentation. They are neither undersupplied, nor…

  • A Revealing Preference

    Surveys that allow us to 'choose' among market alternatives, without incurring any cost, are not the same as market decisions. No wonder the results of surveys and questionnaires differ from behavior, when choices are costly.

  • Friday Interview: Unbiased History

    RALEIGH — Welcome to Carolina Journal Online’s Friday Interview. Today John Locke Foundation President John Hood interviews Dr. Larry Schweikart, Professor of History at the University of Dayton, about his recently released book, A Patriot’s History of the United States: From Columbus’s Great Discovery to the War on Terror. The…